Healthy Bite Grocery reported the following comparative income statements for the years ended June 30,2025 and 2024 : (Click the icon to view the comparative income statements.) During 2025, Healthy Bite Grocery discovered that ending 2024 merchandise inventory was overstated by $4,800. Read the requirements. 1. Prepare corrected income statements for the two years. 2. State whether each year's net income - before your corrections - is understated or overstated, and indicate the amount of the understatement or overstatement